This property could be a profitable Mid-Term investment with a projected 16.44% first-year return on $51,831 initial cash invested.
16.44%
Cash On Cash
12.63%
Cap Rate
1.93
DSCR
$2,634
Rent
$710
Cashflow
Cash Flow
$2,634 income − $1,924 expenses = $710 cash flow
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,831
Downpayment
20%
$32,220
Closing costs
1%
$1,611
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,634
Total Expenses
$1,924
Mortgage P&I
33%
$881
Property Taxes
4%
$99
Home Insurance
2%
$49
HOA
0%
$0
Property Management
12%
$316
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$290